Illegal Activity
suspicious
Blackmail
none
Date
2017-02-01
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
Stewart Oldfield from Deutsche Bank is offering Richard Kahn's client, JE/SF, higher deposit rates if they move their cash to DBAG's NY Branch. This offer is made in the context of Deutsche Bank's desire to increase deposits in the US and the resolution of a DOJ matter.
Metadata
- Subject
- Fw: DB deposits [C]
- Sender
- Stewart Oldfield
- Recipients
- Vahe Stepanian
- Document ID
- —
- Date
- 2017-02-01
Illegal Activity
- Severity
- suspicious
- Description
- The email discusses offering materially higher deposit rates to JE/SF, which could be seen as suspicious if not properly disclosed or if it violates any banking regulations. The reference to the DOJ matter resolution could also be relevant.
- Content Type
- first_hand
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Stewart Oldfield | Business | Richard Kahn | Stewart Oldfield is offering higher deposit rates to JE/SF through Richard Kahn. |
| JE/SF | Financial | Deutsche Bank | JE/SF is a potential client for Deutsche Bank deposits. |
Notable Quotes 2
I didn't want to discuss JE/SF's cash position with Steve in the room yesterday, but we can offer materially higher deposit rates (65bps currently) if he holds his cash in DBAG's NY Branch.
Given the resolution of our main DOJ matter at the end of last year, and new German insolvency laws that went into effect at the beginning of this year to further protect depositors, I wanted to open a dialog about linking DB AG accounts to his existing accounts to earn the higher rate.
Financial Information
Amounts:65bps
Assets:
- Cash deposits
Transactions:
- Offering higher deposit rates (65bps) for holding cash in DBAG's NY Branch.
- Moving deposits to DB AG accounts to earn higher rate.
Public Knowledge
- Context
- The involvement of Deutsche Bank and potential preferential treatment for high-profile clients could be of interest to the media.
- Media Worthy
- Yes
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsCommunications/correspondence
Organizations 6
Deutsche Bank Trust Company AmericasDeutsche Bank Wealth ManagementDeutsche Bank Securities Inc.HBRK Associates Inc.DBAGDeutsche Bank
Locations 6
New YorkNYGermanyUS345 Park Avenue, New York, NY 10154575 Lexington Avenue 4th Floor, New York NY 10022
Financial Entities 2
Deutsche BankDBAG
Text Analysis
- Tone
- Professional
- Purpose
- To discuss and arrange for JE/SF to move cash deposits to Deutsche Bank in exchange for higher interest rates.
- Significance
- This email shows Deutsche Bank actively seeking to increase deposits in the US, potentially targeting high-net-worth individuals like JE/SF.
File Info
- File Name
- EFTA01419794.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:07.964558
- DOJ Source
- View on DOJ